Brexit and EASA
Now that the British are out again, does anybody have an idea what are the implications for FCL in particular, and management of the aviation sector more generally? Presumably as soon as they leave the EU, which looks like it will be two years from now, EASA loses whatever legal basis it currently has to regulate British aviation, and CAA licences will once again become necessary. Does this mean that the previous CAA "architecture," so to speak, will be reinstated more or less in its entirety? Or will Britain try to "shadow" EASA regulations from outside, as the Conservative governments of the 1980s and early 1990s once "shadowed" the Exchange Rate Mechanism (at least until Black Wednesday put an end to all that)? To put it simply: what now?